Ooredoo reaches one mil mobile money customer milestone

DOHA, QATAR: Ooredoo has passed the milestone of more than one million mobile money customers across its global footprint, enhancing the lives of people and contributing to economic and social development. The company is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and South-East Asia.

Mobile money ensures that customers are able to use their mobile phones to access a comprehensive suite of mobile financial services. The service, which Ooredoo Group companies offer in Qatar, Indonesia, and Tunisia, is a low-cost alternative for customers who do not have bank accounts, or do not have easy access to financial services.

Typically, customers can transfer money domestically and internationally, top-up their own pre-paid accounts or those of their friends and family, pay bills, and in some markets receive salary payments, using their mobile phones.

Nasser Marafih, Group CEO, said: “We are only scratching the surface of the life-enhancing possibilities for mobile money. In the near future, our customers will be able to use mobile money throughout their daily lives, for everything from micro-loans to paying at shops and receiving their salaries. As we transform our operations throughout 2013 and 2014, we will take our expertise to launch innovative and localised mobile money solutions across our footprint- with a strong focus on empowering under-banked communities in markets like Myanmar.”